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Global crash, local glut hit Gujarat milk market -Gopal B Kateshiya & Harish Damodaran

-The Indian Express Dairy farmers in Gujarat, till recently, were relatively insulated from the crisis faced by those growing cotton, groundnut or potatoes. Rajkot/ New Delhi: AFTER COTTON and groundnut, it’s milk that is turning sour for Gujarat’s farmers. A crash in global skimmed milk powder (SMP) rates, coupled with surging procurement by dairy unions affiliated to the Gujarat Cooperative Milk Marketing Federation (GCMMF), has led to an unprecedented glut. In the last...

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To reduce rural distress, Narendra Modi government to raise agri credit target by 20 pct

-The Financial Express Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the farm credit targets have Been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the...

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SBI's Budget 2018 pitch: Increase income tax exemption limit to Rs 3 lakh

-PTI NEW DELHI: With rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said on Monday. The move will benefit around 75 lakh people, it said. The SBI's Ecowrap report further said that if the exemption limit of interest payments under housing loan is increased to Rs 2.5 lakhs for existing home loan...

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Wealth Of The Nation -Nisha Agrawal

-The Indian Express At Davos, India needs to outline its vision to make growth inclusive Earlier this month, the external affairs ministry announced that Prime Minister Narendra Modi would lead the “largest ever” Indian contingent to Switzerland during the four-day World Economic Forum 2018 in the Swiss Alps town of Davos on January 23. This made headlines since he is the first Indian PM to be attending Davos in over two...

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India will be open-defecation free before Lok Sabha polls: Govt -Dipak K Dash

-The Times of India NEW DELHI: Every household in India will get a proper toilet and the entire country will be open-defecation free (ODF) much before the Modi government faces election next year, top government functionaries said. This is the biggest flagship programme led by the PM. While urban affairs minister Hardeep Singh Puri has said his ministry will hit the target a year before the October 2019 deadline, the sanitation ministry...

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